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Tally Prime
UPCISS
Full Detailed Syllabus
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Published by Jitendra Verma for UPCI Computer Education

Mela Maidan, Lakhimpur-Kheri Uttar Pradesh, India 262701
Copyright © 2021 UPCISS
UPCISS
Basic Accounting Concept ............................................................ 2

Overview of Tally Prime ............................................................... 2
Accounting (Case Study-1) ........................................................... 2
Inventory Management with GST (Case Study-2) ........................ 3
Service Organization with GST (Case Study-3) ............................. 4
Manufacturing Organization with GST (Case Study-4) ................. 4
Payroll Management (Case Study-5) ............................................ 4
TDS ............................................................................................... 4
Tally Features ............................................................................... 4
1
Basic Accounting Concept
 Introduction to Tally Prime
 What is accounts
 What is accounting
 Golden Rules of Accounting
 Exercise 1
 Types of Business Organization
 Create Master
 What is Ledger
 Pre Define Tally Group
 Types of Voucher
 Exercise 2
 Terminology of Accounting
Overview of Tally Prime

 Download and Install
 Create Company
 Configuration
 Introduction of Features
 Voucher Transaction of Entry
 View Reports
Accounting (Case Study-1)

 Service organization
 Financial year from 1-Apr-2020 to 31-Mar-2021
 Debit, Credit – By, To
2
 Voucher
 Create Ledger
 Create Group
 Cost Center
 Cost Categories
 Transaction Entry 12 Months
 Provision Entries
 Adjustment Entries
 Closing Entries
 Day Book, Trial Balance
 Profit & Loss accounting
 Balance Sheet
 Export Closing Balance
 Create New Company
 Import Opening Balance

Inventory Management with GST (Case Study-2)

 Trading organization with GST
 Financial year from 1-Oct-2020 to 31-Mar-2021
 Taxation System CGST, SGST, IGST
 Stock Item, Unit of measure
 Stock Group, Stock Category
 Create Godown / Locations
 Transaction Entry 12 Months
 Purchase, Sales, Invoice
 Purchase returns, Sales returns
3
 Tax on reverse charge entry
 Credit Note, Debit Note - Voucher
 Inventory Reports, Tax Reports
 Stock Summary
 Export & Printing
 Closing & Opening Balance
Service Organization with GST (Case Study-3)

 Interest calculation
 GST Report
 GSTR-1
 GSTR-2
 GSTR-3B
 Pay GST
Manufacturing Organization with GST (Case Study-4)

Payroll Management (Case Study-5)
TDS
Tally Features
 Purchase order
 Sales Order
 Display All Report Configuration
 Accounting Feature
 Inventory Feature
 Configuration
4
 Security
 Tally Vault
 Backup company Data
 Restore company Data
 Split Company
 Import and Export Configuration
 Printing Configuration
 Short-cut of Tally Prime
 Etc…
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5
Tally Prime
UPCISS
Short Notes of
Accounting

Available on


Index
Introduction to Tally Prime ----------------------------------------------- 2
What is Accounts?----------------------------------------------------------- 3
Golden Rules of Accounting ---------------------------------------------- 4
Exercise 1 ---------------------------------------------------------------------- 4
Introduction to Business Organizations ------------------------------- 5
Ledgers, Groups and Voucher -------------------------------------------- 7
Pre-define Group in Tally -------------------------------------------------- 8
View the pre-defined Group in Tally Prime -------------------------- 9
Pre-define Voucher in Tally --------------------------------------------- 12
View the Pre-define Voucher types in Tally Prime --------------- 13
Exercise 2 -------------------------------------------------------------------- 15
Financial Statements ----------------------------------------------------- 16
Inventory Management ------------------------------------------------- 18
What is Tax? ---------------------------------------------------------------- 19
Exercise 3 -------------------------------------------------------------------- 21
Terminology of Accounting --------------------------------------------- 22
1
Introduction to Tally Prime
Tally Prime ,d financial accounting software gS] ftldk iz;ksx small
ok medium size ds businesses esa accounting ;kuh fglkc&fdrkc j[kus
ds fy, fd;k tkrk gSA tc ge accounts dks ,d lgh order esa ;kuh
rules dk bLrseky djds tally esa fy[krs gS mls gh accounting dgk tkrk
gSA tSls Journal entry, purchase, sales, income & expenses, creditors
& debtors, Liabilities & assets etc. ;g ,d business dh accounting
vkSj inventory nksuksa dks iwjh rjg ls manage djrk gS] ftlds fy, blesa
dbZ features gksrs gSaA Tally esa ge cgqr gh rsth ds lkFk accounting dk
dk;Z djds mldh report rS;kj dj ldrs gSaA Tally dk bLrseky 100 ls
vf/kd ns’kksa esa fd;k tk jgk gSA Tally dk u;k version Tally Prime gS]
tks fd 2020 esa lunch fd;k x;k FkkA
Tally Prime Interface
2
What is Accounts?
,d business ds nk;js esa tks Hkh ysu&nsu gksrs gSa] mUgsa ,d account ds
#i esa fy[kk tkrk gSA Purchases, Sales, Ram, Mohan, Bank, Cash,
Computer, Machinery, Furniture, Assets, Deposit, Interest,
Discount, Wages Etc. tSls Rahul us ₹12000 dk ,d uxn Computer
[kjhnkA ;gka ij 2 account gSa 1. Computer 2. Cash blh rjg ls&
Rahul us ₹ 4000 dk ,d Phone Mohan ls m/kkj [kjhnhA
1. Phone (Fixed Assets) 2. Mohan (Sundry Creditors)
Rahul us ₹ 24000 dh ,d AC Suresh ls [kjhnh] ₹15000 cash
esa ns fn;s vkSj ckdh m/kkj dj fn;sA
1. AC (Fixed Assets) 2. Cash 3. Suresh (Sundry Creditors)
Classification of Account
Personal Account, Real Account, Nominal Account
1-Personal Account
og [kkrs tks fdfl O;fDr ;k laLFkk ds uke ls cuk, tkrs gS] os Personal
Account ¼O;fDrxr [kkrs½ dgykrs gSA tSls& Mohit, Rahul, Bank, Abc
Company, Capital, Drawing etc.
2-Real Account
og [kkrs tks fdlh oLrq ;k lEifRr vkfn ls lEcfU/kr gksrs gSa Real
Account ¼okLrfod [kkrs½ dgykrs gSaA tSls& Cash, Computer,
Machinery, Furniture, Assets etc.
3-Nominal Account
og [kkrs tks ykHk&gkfu] vk;&O;;] vkSj Ø;&foØ; ls lEcfU/kr gksrs gSa
Nominal Account ¼ukeek= ds [kkrs½ dgykrs gSaA tSls& Interest,
Discount, Wages, Purchases, Sales, Profit & Loss etc.
3
Golden Rules of Accounting
Personal Account
1- The Receiver ¼ikus okyk½ Debit
2- The Giver ¼nsus okyk½ Credit
tks O;fDr dqN izkIr djrs gSa mUgs Receiver dgk tkrk gS] vkSj mUgs
Debit esa j[kk tkrk gSA tks O;fDr dqN nsrs gSa mUgs Giver dgk tkrk gS]
vkSj mUgs Credit esa j[kk tkrk gSA
Real Account
3- What comes in ¼vkus okyk½ Debit
4- What goes out ¼tkus okyk½ Credit
O;olk; esa tks oLrq,¡ vkrh gSa mls Debit esa j[kk tkrk gS] vkSj tks
tkrh gSa mls Credit esa j[kk tkrk gSA
Nominal Account
5- Expenses and Losses ¼[kpZ vkSj uqdlku½ Debit
6- Income and Gains ¼vk; vkSj ykHk½ Credit
Exercise 1
1. Mr. Verma Purchased a computer in cash ₹ 18000.
2. Mr. Verma Purchased an Office Table ₹ 3500 and Office Chair ₹
4000 in cash.
3. Mr. Verma opened a bank account in HDFC bank by deposit cash ₹
50000.
4. Mr. Verma Purchased stationery item in cash ₹ 2000.
5. Mr. Verma Purchased a mobile phone ₹ 5000 from raj telecom on
credit.
6. Mr. Verma withdraw ₹ 10000 from HDFC Bank.
7. Mr. Verma paid cash ₹ 5000 to raj telecom.
8. Mr. Verma received a bill of ₹ 4500 from Sukun offset for printing
office stationery.
9. Mr. Verma withdraw ₹ 4000 from HDFC Bank for personal use.
4
Introduction to Business Organizations
,d business esa&
Business organizations vyx&vyx izdkj ds ysu&nsu djrs gSa] vkSj vke

rkSj ij bUgsa dqN bl izdkj ls classified fd;k tk ldrk gS%
 Service organizations
 Trading organizations
 Manufacturing organizations
Service organizations
Service organizations oks organizations gksrh gSa tks flQZ service
provide djrh gSa] service organizations esa fdlh Hkh rjg dk physical
ysu&nsu ugha gksrk gS] blesa flQZ service nh tkrh tSls& Teachers,
Doctors, Advocate, Consultant etc...
5
Trading organizations
tks organization goods dks purchase and sale djrs gSa] oks Trading
organizations ds vUrj&xr vkkrs gSaA blesa O;kikfjd laxBu dk eq[;
dk;Z eky dks [kjhnuk vkSj mlesa viuk profit tksM+us ds ckn mls cspuk
gksrk gSA
Manufacturing organizations
Manufacturing organization row materials goods ls finished goods
dks rS;kj djrh gSA Manufacturing organizations esa dPps eky dks ,d
izfØ;k ds vUrxZr rS;kj fd;k tkrk gS] ftls ckn esa trading
organizations ml eky dks xzkgd rd igqapkus dk dke djrh gSaA
6
Ledgers, Groups and Voucher
tc fdlh transaction dh entry tally esa djrs gSa] rks lcls igys gesa
ml entry esa tks accounts gksrs gSa mudk gesa [kkrk [kksyuk gksrk gS ;kuh
Ledger cukuk gksrk gSA vkSj tc ogh entry nwljh ckj vkrh gS] rc gesa
mldk ledger ugha cukuk iM+rk gS] D;ks fd mldk ledger igys gh cu
pqdk gksrk gSA Tally esa Cash (cash-in-hand) vkSj Profit & Loss account
dk ledger igys ls gh cuk gksrk gSA
Tally esa tc ge fdlh account dk ledger cukrs gSa] rc mlh le; gesa
tally esa mldk Group crkuk iM+rk gS] tks dh ge mlds under esa set
djrs gSaA dkSu lk ledger fdl group esa tk;sxk blds fy, igys gesa
Group ds ckjs esa vkSj ledger fdl izdkj dk gS ;s le>uk gksrk gSA
tSls& Rahul us ₹ 2000 office dk rent fn;kA rks ;gka ij fdjk;k ,d izdkj
dk [kpZ gS rks &
Debit: Rent, Credit: Cash (Ledger – Rent/Under – Indirect Expenses)
Rahul us ₹ 2000 office dk vxys month dk rent fn;kA rks ;gka ij vc
rent dk ledger ugha cusxk D;ksa fd fiNys eghus esa cu pqdk gS&
Debit: Rent, Credit: Cash
Voucher ,d izdkj dk document gksrk gS] ftlesa ge tally esa tks Hkh
transaction djrs gSa mldh entry ge ,d voucher ij djrs gSaA Tally
esa igys ls dbZ voucher cus gksrs gSa] vc fdl entry esa dkSu lk voucher
yxsxk blds fy, gesa lHkh izdkj ds voucher ds ckjs esa irk gksuk pkfg,
tks fd vkxs crk;k x;k gSA
7
Pre-define Group in Tally
Primary Group
1. Capital Account
2. Loans Liabilities
3. Current Liabilities
4. Fixed Assets
5. Investment
6. Current Assets
7. Miscellaneous Expenses (Assets)
8. Suspense Account
9. Branch Division
10. Sales Account
11. Purchase Account
12. Direct Income
13. Direct Expenses
14. Indirect Income
15. Indirect Expenses
Secondary Group
1. Reserve & Surplus (Capital Account)
2. Bank over Draft (Loans Liabilities)
3. Secured Loans (Loans Liabilities)
4. Unsecured Loans (Loans Liabilities)
5. Duties & Tax (Current Liabilities)
6. Provision (Current Liabilities)
7. Sundry Creditors (Current Liabilities)
8. Sundry Debtors (Current Assets)
9. Deposit Assets (Current Assets)
10. Loans & Advance Assets (Current Assets)
11. 26- Cash in Hand (Current Assets)
12. 27- Stock in Hand (Current Assets)
13. 28- Bank Account (Current Assets)
8
View the pre-defined Group in Tally Prime
Go to Gateway of Tally Prime > Chart of Accounts > Groups.
1. Capital Account – ,d business dks start djus ds fy, mlesa tks

iw¡th yxk;h tkrh gS] mls ge iw¡th [kkrk ;kuh Capital Account
dgrs gSa] vkSj Tally esa tc ge mldk Ledger cukrs gSa rks mls
Capital Account ds under j[krs gSaA iw¡th fdlh Hkh #i esa gks ldrh
gSA
2. Loans Liabilities – tc ge business ds fy, fdlh izdkj dk dksbZ
loan ysrs gSa] rks ml account dks Loans Liabilities esa j[krs gSA
3. Current Liabilities – tc ge de le; ds fy, fdlh izdkj dk
dksbZ m/kkj ysrs gSa rks bl izdkj ds account current liabilities ds
vUrjxr vkrs gSaA
4. Fixed Assets – ,d business dks pykus ds fy, gesa dbZ izdkj dh
LFkk;h lEifRr;ka [kjhnuh gksrh gSa] tSls & Computer, Telephone,
A/C, Furniture etc… vkSj bu lEifRr;ksa dk vklkuh ls ysu&nsu Hkh
9
ugha fd;k tk ldrk gSA rks bl izdkj ds accounts dks fixed assets
esa j[krs gSaA
5. Investment Account – tc ge ykHk dekus ds purpose ls
business ds iSls dks dgha ij fuos’k djrs gSa] rks mldk [kkrk
investment account ds vUrjxr [kksyrs gSaA tSls & Long term
investment, Shares, Mutual Fund etc…
6. Current assets – ,slh lEifRr;ka ftudk ysu&nsu vklkuh ls fd;k
tk ldrk gS] mUgsa ge current assets esa j[krs gSaA
7. Miscellaneous exp. Assets – ;g dbZ izdkj ds [kpsZ gksrs gS] tks
business ds izkjEHk esa vfrfjDr O;; ds #i esa fd, tkrs gSA tSls&
preliminary expenses (Company Logo, Stamp duties,
Consulting Charges)
8. Suspense Account – dHkh&dHkh ge Tally esa dqN Entry djuk Hkwy
tkrs gSa] rks mldh otg ls gekjh financial reports xyr vk tkrh
gSaA rc ml le; vUrj dh /kujkf’k dks suspence account esa Mky
nsrs gSaA
9. Branch Division – Main Company ds }kjk cuk;s x;s vius
branch ds [kkrs branch division group esa j[ks tkrs gSaA
10. Sales Account – tc ge fdlh goods or service dks sale djrs gSa]
rks mlds [kkrs sales account esa j[krs gSaA
11. Purchase Account – tc ge fdlh goods dks sale djus ds fy,
[kjhnrs gSaA rks mls Purchase account esa j[krs gSaA
12. Direct Income – lHkh izdkj ds izR;{k vk; tks O;kikj ls vkrh gS]
mls ge direct income esa j[krs gSaA
10
13. Indirect Income – lHkh izdkj ds vizR;{k vk; tks O;kikj ls vkrh
gS] tSls Discount, commission etc… mls ge indirect income esa
j[krs gSaA
14. Direct Expenses – ,sls [kpZ ftudh otg ls business dks direct
Qk;nk gksrk gS] tSls& transport, Manufacturing exp. Etc… bl
rjg ds account dks direct expenses esa j[krs gSaA
15. Indirect Expenses – lHkh izdkj ds vizR;{k vk;ksa ds [kkrs indirect
expenses ds vUrxZr cuk, tkrs gSaA tSls& Rent expenses, salary
expenses, discount expenses etc…
16. Reserve & Surplus – ykHk ls cuk, tkus dks’k ds [kkrs reserve &
surplus cuk, tkrs gSaA
17. Bank Over Draft – tc cSad tek ls vf/kd jkf'k nsus yxs rks mldks
Bank Over Draft dgrs gSA ¼tc ge cSad ls yksu ysrs gSa½
18. Secured Loans – lHkh izdkj ds lqjf{kr _.k ds [kkrs Secured
Loans ds vUrxZr cuk, tkrs gSA
19. Unsecured Loans – lHkh izdkj ds vlqjf{kr _.k ftudk dksbZ
dkuwuh izk#i u gks mudk [kkrk Unsecured Loans ds vUrxZr cuk,
tkrs gSA
20. Duties & Taxes – lHkh izdkj ds djksa ds [kkrs Duties & Tax ds
vUrxZr cuk, tkrs gSA
21. Provision – lHkh izdkj ds fd, x, izko/kku ds [kkrs Provision ds
vUrxZr cuk, tkrs gS] tSls& osru ds fy, izko/kku] fdjk, ds fy,
izko/kkuA
22. Sundry Creditors – tc ge fdlh ls de le; ds fy, fdlh
izdkj dk dksbZ m/kkj ysrs gSa] rks mldk account sundry creditors
ds vUrjxr open djrs gSaA
11
23. Sundry Debtors – tc ge fdlh dks de le; ds fy, fdlh izdkj
dk dksbZ m/kkj nsrs gSa] rks mldk account sundry debtors ds vUrjxr
open djrs gSaA
24. Deposit Assets – tc ge fdlh oLrq ds fy, Security ds #i esa
iSlk tek djrs gSa] rks ml account dks deposit assets esa j[krs gSaA
25. Loans & Advance assets – tc ge fdlh dks advance ds #i esa
iSlk nsrs gSa rks mls ge bl account esa j[krs gSaA
26. Cash-in-hand – ;g group lHkh izdkj ds cash ds fy, bLrseky
fd;k tkrk gSA
27. Stock-in-hand – ;g group stock ds fy, gksrk gSA
28. Bank Account – lHkh izdkj dh banks ds [kkrs bank account
group ds vUrjxr [kksys tkrs gSaA
Pre-define Voucher in Tally

oSls rks tally prime esa 24 pre-define voucher gksrs gSa ysfdu muesa ls 8
,sls common voucher gSa] ftudk bLrseky yxHkx lHkh izdkj ds
business esa gksrk gSA
Common Voucher
Contra, Payment, Receipt, Journal, Purchase, Sales, Debit Note,
Credit Note.
Special Voucher
Stock Journal, Memorandum, Purchase Order, Sales Order,
Delivery Note, Reversing Journal, Receipt Note, Physical Stock,
Payroll, Attendance, Job Work In Order, Job Work Out Order,
Material In, Material Out, Rejections In, Rejections Out.
12
View the Pre-define Voucher types in Tally Prime
Go to Gateway of Tally Prime > Chart of Accounts > Voucher Types.
1. Contra Voucher – tc ge cash dks bank-account esa ;k bank-

balance dks cash esa ;k fQj bank or cash ls lEcaf/kr fdlh izdkj
dh dksbZ transfer entry djrs gSa] rks mls ge contra voucher esa
j[krs gSaA
2. Payment Voucher – tc ge fdlh izdkj dk dksbZ Hkqxrku djrs
gSa pkgs oks cash esa djsa ;k fQj Cheque ls djsa ml entry dks
payment voucher esa djrs gSaA
3. Receipt Voucher – tc gesa cash esa ;k fQj cheque ds }kjk iSlk
izkIr gksrk gS rks ml entry dks receipt voucher esa djrs gSaA
4. Journal Voucher – bl voucher dk bLrseky ge dbZ izdkj dh
entry dks djus ds fy, djrs gSaA tSls & tc ge m/kkj nsrs ;k ysrs
gSa ;kuh Sundry Creditors or Debtors, Provision, Adjustment
entry etc…
13
5. Purchase Voucher – tc ge fdlh goods dks sale djus ds fy,
purchase djrs gSa] rc ge ml entry dks purchase voucher esa
djrs gSaA
6. Sales Voucher – tc ge fdlh goods ;k service dks sale djrs gSa
rks ml entry dks sales voucher esa djrs gSaA
7. Debit Note – vkerkSj ij bl voucher dk bLrseky purchases
return entry ds fy, djrs gSa] ;kuh tc [kjhns gq, eky dks fdlh
dkj.k ls okil djrs gSaA
8. Credit Note – tc fcdk gqvk eky fdlh dkj.k ls okil vkrk gS
rks mldh entry credit note voucher ij djrs gSaA
9. Stock Journal – tc goods dks ,d Godown ls nwljs godown esa
transfer djrs gSa rks ml entry dks stock journal voucher esa djrs
gSaA
10. Memorandum – vxj gesa fdlh entry dks fdlh Hkh dkj.k ls ;kn
j[kus dh vko’;drk gS] rks ml entry dks ge bl voucher esa j[krs
gSaA
11. Purchase Order – tc gesa dqN goods purchase djus ds fy,
item dh list nsuh gksrh gS rks ge ml entry dks purchase order
voucher esa ikl djrs gSa vkSj mldk print fudky dj list Hkst nsrs
gSaA
12. Sales Order – tc gekjs ikl dksbZ goods purchase djus ds fy,
dksbZ order vkrk gS] rks og entry ge bl voucher esa ikl djrs
gSaA
13. Delivery Note – sales order ysus ds ckn tc gesa goods customer
dks delivered djuk gksrk gS rc ge bl voucher dk bLrseky
djrs gSaA
14
14. Reversing Journal – vxj ge dksbZ ,slh entry djuk pkgrs gSa
ftldk effect flQZ mlh date esa jgs] fQj ml date ds ckn ml
entry dk fdlh report ij dksbZ effect uk gks rks ml entry dks ge
blh voucher esa djsaxsA
15. Receipt Note – Supplier dks purchase order nsus ds ckn tc gesa
oks goods izkIr gks tkrh gS] rc mldh entry ge blh voucher
ij djrs gSaA
16. Physical Stock – tc gesa tally dh report stock summary vkSj
vius godown esa iM+s physical stock nksuks dks verify djus dh
t#jr gksrh gS rc ge bl voucher dk iz;ksx djrs gSaA
17. Payroll – tc ge tally esa payroll dh entry djrs gSaA rc ge blh
voucher dk bLrseky djrs gSaA
18. Attendance – payroll ls tqM+s employs ds attendance ysus ds fy,
ge bl voucher dk bLrseky djrs gSaA
Note: ckdh cps vouchers dks ge practically ns[ksaxsA
Exercise 2
1. Mr. Verma Started Universal Business Solutions by bringing in cash of
₹ 300000.
2. Mr. Verma Purchased a computer in cash ₹ 18000.
3. Mr. Verma Purchased an Office Table ₹ 3500 and Office Chair ₹ 4000
in cash.
4. Mr. Verma opened a bank account in HDFC bank by deposit cash ₹
50000.
5. Mr. Verma Purchased stationery item in cash ₹ 2000.
6. Mr. Verma Purchased a mobile phone ₹ 5000 from raj telecom on
credit.
7. Mr. Verma withdraw ₹ 10000 from HDFC Bank.
8. Mr. Verma paid cash ₹ 5000 to raj telecom.
15
9. Mr. Verma received a bill of ₹ 4500 from Sukun offset for printing office
stationery.
10. Mr. Verma paid ₹ 2800 by cheque towards office rent.
11. Mr. Verma paid ₹ 700 in cash towards electricity Charge.
12. Mr. Verma issued a cheque of ₹ 4500 for Sukun offset.
13. Mr. Verma withdraw ₹ 4000 from HDFC Bank for personal use.
Financial Statements
Financial statements ls gesa business esa gksus expenses, income,
purchases, sales, assets, liabilities etc… ds ckjs esa daily basis,
monthly basis vkSj yearly basis ij irk pyrk gSA Financial
statements esa vkerkSj ij trial balance, profit & loss account,
balance sheet, cash book, bank book, stock summary, statutory
reports etc… ;s lc ‘kkfey gSaA Tally esa entry djus ds ckn ;s lHkh
izdkj dh reports tally [kqn gh calculate dj ysrk gSA
Trial Balance
,d Trial balance esa lHkh ledger accounts dks calculate djds muds
balance ds lkFk fy[kk tkrk gS] ftlesa 3 columns gksrs gSaA Particular
(account name), Debit, Credit.
Profit & loss account
Profit & loss account ls gesa ;s irk irk pyrk gS fd business esa
fdruk profit gqvk ;k fQj loss gqvkA blesa 2 column gksrs gSa] expenses,
income. Income dks expenses ls ?kVkus ds ckn gesa irk pyrk gS fd
profit gqvk ;k fQj loss gqvkA
16
Balance sheet
fdlh Hkh business esa balance sheet dh cgqr importance gksrh gS]
D;ks fd balance sheet ls gesa business dh okLrfod fLFkfr dk irk
pyrk gS fd net assets vkSj liabilities fdruh gSA blesa 2 column gksrs
gSa Assets, Liabilites.
Cash book
Cash book ls gesa ;s irk pyrk gS fd business ls fdruk cash x;k]
fdruk vk;k vkSj fdruk cpkA blesa 2 column gksrs gSa Debit cash,
Credit Cash.
Trial Balance
Profit & loss account
Balance sheet
17
Inventory Management
Inventory dk vFkZ gS List of item. tSlk fd gesa irk gS fd Trading
organization esa goods dks purchase and sale djrs gSaA ,d business
esa goods ;kuh item gtkjks izdkj ds gksrs gSa] ftlesa item different
company] different size, weight etc… ds gksrs gSa] ftls manage djus
ds fy, ge tally esa Stock item, Stock Group, Stock category, Unit
of Measure, Godown create fd;s tkrs gSaA ftlls ge inventory dks
vPNs ls manage dj ldrs gSa] vkSj le;≤ ij Stock Summary dks
different parameters ij set djds stock dks vklkuh ls check dj
ldrs gSaA
Stock Item Stock Group Stock Category Unit of Measure
M/B Gigabyte B560M Mother Board Gigabyte Nos
M/B ASUS B450F Mother Board ASUS Nos
M/B ESC H61 H2 Mother Board Other Nos
SSD NVMe M.2 1TB
SSD Samsung Nos
Samsung
SSD NVMe M.2 1TB
SSD Gigabyte Nos
Gigabyte
GPU 4GB Gigabyte GPU Gigabyte Nos
GPU 2GB ASUS GPU ASUS Nos
Stock item, stock group vkSj stock category dks vkSj csgrj le>us ds
fy, ge ;gk¡ ij Collage ds students dk example ysrs gSa …
18
What is Tax?
Tax ,d vfuok;Z ‘kqYd gS tks government }kjk fdlh O;fDr ;k laxBu
ij yxk;k tkrk gSA mlds ckn government ml iSls dks okil Public
ij [kpZ djrh gSA dkuwu ds eqrkfcd] [kqn ls ;k xyrh ls VSDl dk
Hkqxrku uk djus ij tqekZuk ;k lTkk Hkh fey ldrh gSA
Types of Taxes
O;fDr ;k laxBu dks vyx&vyx rjhdksa ls Tax dk Hkqxrku djuk gksrk
gSA Tax vf/kdkfj;ksa }kjk VSDl Hkqxrku ds rjhds ds vk/kkj ij] VSDl dks
Direct Tax and Indirect Tax esa ckVk x;k gSA
Difference between Direct and Indirect Taxes

Direct Tax oks tax gksrs gSa] ftUgs dksbZ O;fDr ;k laxBu lh/ks government
dks pay djrk gS tSls& Income Tax, Property Tax, Stamp Duty etc…
blds foijhr indirect tax oks tax gksrs gSa O;fDr ;k laxBu lh/ks
government dks u pay djds mldk burden nwljs ij shift dj fn;k
tkrk gS ftls vUr esa consumer ls olwyk tkrk gSA tSls& GST, VAT,
ED etc…
19
Introduction to GST
GST Lora=rk ds ckn ls gekjs ns’k esa ,d ifjorZudkjh dj lq/kkj gSA
orZeku esa dsaUnz vkSj jkT; ljdkjksa }kjk yxk, tk jgs lHkh indirect
taxes ds vUrj xr ys fy, x;s gSaA GST dks one-nation, one-tax vkSj
one-market dgk tkrk gSA
What is GST
GST dk iwjk uke Goods and Services tax gS] tks oLrqvksa vkSj lsokvksa dks
[kjhnus vkSj cspus ij yxk;k tkrk gS] tks dh ,d indirect tax gS] ftls
1-July-2017 dks ykxw fd;k x;k FkkA
Type of GST
GST 4 izdkj dh gksrh gSA
 CGST (Central Goods and Services Tax)

 SGST (State Goods and Services Tax ()
 IGST (Integrated Goods and Services Tax)
 UTGST (Union Territory Goods and Services Tax)
Types of GST Authority which is Who is it collected by? Transactions which
benefitted are applicable (Goods
and Services)
CGST Central Government Central Government Within a single state,
i.e. intrastate
SGST State Government State Government Within a single state,
i.e. intrastate
IGST Central Government Central Government Between two different
and State Government states or a state and a
Union Territory, i.e.
interstate
UTGST/UGST Union Territory (UT) Union Territory (UT) Within a single Union
Government Government Territory (UT)
GST Rate
0% 5% 12% 18% 28%
20
Exercise 3
1. Mr. Vijay Started Business by bringing in cash of ₹ 500000.
2. Mr. Vijay opened a bank account in SBI bank by deposit cash ₹ 300000.
3. Mr. Vijay purchased following items from Bansal Computer on credit.
All Stock items are placed in Lakhimpur Godown.
Item Qty Rate GST Rate
M/B Gigabyte B560M 4 9500 18%
M/B ASUS B450F 6 8500 18%
M/B ESC H61 H2 5 6000 18%
SSD NVMe M.2 1TB Samsung 4 11000 18%
SSD NVMe M.2 1TB Gigabyte 3 9000 18%
GPU 4GB Gigabyte 3 8000 18%
GPU 2GB ASUS 4 3800 18%
4. Mr. Vijay Sold following items from ABC Computer and received
cheque.
M/B ASUS B450F 4 10500 18%
M/B ESC H61 H2 3 7000 18%
GPU 2GB ASUS 3 4200 18%
5. Mr. Vijay issued a cheque for Bansal computer of full settlement.
6. Mr. Vijay purchased following items from Sri Nath Infosolution on
credit.
M/B ASUS B450F 3 8500 18%
M/B ESC H61 H2 2 6000 18%
GPU 2GB ASUS 2 3800 18%
21
Terminology of Accounting
 Trade (O;kikj) ykHk dekus ds mns’; ls goods dks purchase vkSj sale
djuk trade dgykrk gSA
 Profession (is’kk) revenue earn djus ds fy, fd;k x;k dksbZ Hkh ,slk
dk;Z ftlds fy, gesa iwoZ izf’k{k.k dh vko’;drk gksrh gS] is’kk dgyrk
gSA
22
 Capital (iw¡th) O;kikj dk ekfyd tks #i;k ]eky ;k lEeifRr O;kikj esa
yxkrk gS mls iw¡th dgrs gSa A O;kikj esa ykHk gksus ij iw¡th c<+rh gS]
vkSj gkfu gksus ij iw¡th ?kVrh gSA
 Drawings (vkgj.k) O;kikj dk ekfyd vius futh [kpZ ds fy;s
le;≤ ij O;kikj ls tks :i;k ;k eky fudkyrk gS og mldk
vkgj.k dgykrk gSA
 Revenue (jktLo) Goods o Service dks market esa sale djus ij mlls
tks vk; gksrh gS] og revenue dgykrh gSA
 Bad Debts (Mwcr _.k) O;kikjh dks m/kkj csps x;s eky dh iwjh jde
Debater (nsunkj) ls izkIr gks tk;s ;s vko';d ugh gS] vr% bl m/kkj
dh jde esa ls tks olwy ugh gks ikrh gS mls O;kikjh dk Mwcr _.k
dgrs gSA
 Closing Balance (lekfIr ds le; cdk;k) lky ds vUr esa gekjs
business tks Hkh goods, assets, liabilities etc… cp tkrk gS] vks gekjk
closing balance gksrk gSA
 Opening balance (izkjafHkd tek) Business start djrs le; ge business
esa tks Hkh goods, assets etc… yxkrs gSa ;k fQj lky ds vUr esa tks Hkh
gekjk closing balance cprk gS ogh u;s lky ds izkjaHk esa gekjk opening
balance gksrk gSA
 Financial year (foRrh; o”kZ) India dk financial year 1-April ls start gksrk
gSA
 Wholesalers (Fkksd O;kikjh) wholesalers manufacturers ls Fkksd esa eky
[kjhnrs gSa vkSj retailers dks csprs gSaA
 Retailers ([kqnjk foØsrk) retailers wholesalers ls eky [kjhnrs gSa vkSj
consumer dks csprs gSaA
23
It takes a lot of hard work to make notes, so if you can pay
some fee 50, 100, 200 rupees which you think is reasonable,
if you are able to Thank you...
नोट् स बनाने में बहुत मेहनत लगी है , इसललए यलि आप कुछ शुल्क
50,100, 200 रूपए जो आपको उलित लगता है pay कर सकते है , अगर
आप सक्षम है तो, धन्यवाि ।
24
Tally Prime
UPCISS
Case Study 1
Exercise
Service Organization

Available on


Index
APRIL 2020 ------------------------------------------------------------------- 2
May 2020 --------------------------------------------------------------------- 4
June 2020 --------------------------------------------------------------------- 6
July 2020 ---------------------------------------------------------------------- 9
August 2020 ------------------------------------------------------------------ 12
September 2020 ------------------------------------------------------------ 15
October 2020 ---------------------------------------------------------------- 17
November 2020 ------------------------------------------------------------- 20
December 2020 ------------------------------------------------------------- 22
January 2021 ----------------------------------------------------------------- 26
February 2021 --------------------------------------------------------------- 28
March 2021 ------------------------------------------------------------------ 30
Provision Entries ------------------------------------------------------------ 33
Depreciation Entries ------------------------------------------------------- 33
Adjustment Entries -------------------------------------------------------- 34
Other Adjustment Entries ------------------------------------------------ 34
Closing Entry ----------------------------------------------------------------- 34
Export Closing Balance with All Masters.
Import Master with Combine opening balance.
1
APRIL 2020
1 1-4-2020 Arpit Kumar Verma started a business solutions by bringing
in cash of Rs.300000.
2 2-4-2020 Mr. Verma paid Rs.22500 in cash to purchase a computer.
The computer does not have any disposal value at the end
of its useful life of four years.
3 3-4-2020 Mr. Verma opened a bank account in HDFC Bank and
deposit cash of Rs.100000.
4 4-4-2020 Mr. Verma rented an office apace for Rs.2500 per month on
April 01, 2020 He paid the security deposit of Rs. 25000 by
cheque.
5 5-4-2020 Mr. Verma hired Shubham as Manager on a monthly salary
of Rs.7500. He also hired Geeta Shukla as Assistant
Manager on a Monthly salary of Rs.4500.
6 10-4-2020 Mr. Verma made an arrangement with Raj Travels to
receive bills, for travel expenses, at regular intervals.
7 15-4-2020 Mr. Verma issued cheque and purchased the following fixed
assets.
1. Cell Phone Rs.6000 (useful life-5 years)
2. Furniture Rs.20000 (useful life-8 years)
3. AIR Conditioner Rs.20000 (useful life-6 years)
4. Electrical fittings Rs.15000 (useful life-10 years)
The above assets do not have any disposal value at the end
of their useful life.
8 16-4-2020 Mr. Verma obtained a mobile phone subscription from
Planet telecommunications, by paying a deposit of Rs.3000
in cash.
9 20-4-2020 Mr. Verma purchased stationary consumables worth
Rs.12500 from Global House, on credit.
10 21-4-2020 Mr. Verma signed a contract with Silver Services to provide
consultancy services at an agreed price of Rs.75000. He
received an advance of Rs.25000 by cheque.
11 23-4-2020 Mr. Verma deposit Rs.50000 cash in HDFC Bank.
12 25-4-2020 Mr. Verma received an invoice for Rs.6000 from Ink and
Paper Publishers for printing office stationary.
13 27-4-2020 Mr. Verma withdrew Rs.7500 cash for personal use.
14 30-4-2020 Mr. Verma paid Rs.750 in cash towards office maintenance
charges.
2
3
May 2020
15 1-5-2020 Mr. Verma paid Rs.6000 in cash to Ink and paper publishers.
16 5-5-2020 Mr. Verma paid Rs.2500 by cheque towards office rent for
April 2020.
17 6-5-2020 Mr. Verma paid salaries through cheque for April 2020 (25
days) to Shubham Rs.6500, Geeta Shukla Rs.3900.
18 7-5-2020 Mr. Verma received and paid her mobile phone bill
amounting to Rs.1250 in cash.
19 10-5-2020 Mr. Verma issued a cheque of Rs.12500 to Global House.
20 12-5-2020 Mr. Verma paid Rs.1100 in cash towards electricity charges.
21 14-5-2020 Mr. Verma received a further advance of Rs.25000 from
silver services by cheque. (Refer transaction 10.)
22 15-5-2020 Mr. Verma reimbursed conveyance bills amounting to
Rs.650 in cash to Geeta Shukla.
23 18-5-2020 Mr. Verma paid Rs.150 in cash towards miscellaneous office
expenses.
24 20-5-2020 Mr. Verma received Rs.15000 as consulting revenue in cash
from Omega Infotech.
25 25-5-2020 Mr. Verma raised an invoice for Rs.75000 on Silver Services
after completion of the service. Silver Services paid the
balance amount of Rs.25000 in cash after deducting the
advance. (Refer transactions 10 and 21.)
4
5
June 2020
27 3-6-2020 Mr. Verma paid Rs.2500 in cash towards office rent.
28 4-6-2020 Mr. Verma paid salaries by cheque for May 2020 (Refer
transaction 5.)
29 5-6-2020 Mr. Verma received an invoice for Rs.5500 from Raj travels.
This includes Rs.2300 towards cab hiring charges and
Rs.3200 towards outstation tours.
30 9-6-2020 Mr. Verma received Rs.35000 in cash as consulting revenue
from eateries food chain.
31 10-6-2020 Mr. Verma deposited Rs.30000 in HDFC Bank.
32 15-6-2020 Mr. Verma paid mobile phone bill amounting to Rs.1350 by
cheque.
6
34 20-6-2020 Mr. Verma paid Rs.1250 in cash towards electricity bill
charges.
charges.
36 23-6-2020 Mr. Verma paid Rs.3000 in cash as salary advance to
Shubham.
7
8
July 2020
38 3-7-2020 Mr. Verma raised an invoice for Rs.65000 on Alfatech
Solution for services provided.
39 6-7-2020 Mr. Verma subscribed for the Management Consultant
journal paying Rs.2400 by cheque. The subscription period
is from July 2020 to June 2022.
40 7-7-2020 Mr. Verma paid salaries for June 2020 by cheque. Salary
advance paid to Shubham is adjusted against the salary
paid. (Refer transaction 36.)
41 10-7-2020 Mr. Verma paid office rent by cheque. (Refer transaction 4.)
42 15-7-2020 Mr. Verma received Rs.35000 by cheque from Alfatech
solutions.
charges.
45 20-7-2020 Mr. Verma paid Rs.1650 by cheque as mobile phone bill
charges.
46 25-7-2020 Mr. Verma reimburses conveyance bills of Rs.550 in cash to
Geeta Shukla.
9
10
11
August 2020
48 1-8-2020 Mr. Verma paid by cheque Rs.6000 for insurance of fixed
assets. The period of insurance is from August 1, 2020 to
July 31, 2021.
from ABC Computer.
50 5-8-2020 Mr. Verma paid salaries by cheque.
51 10-8-2020 Mr. Verma paid office rent by cheque.
52 12-8-2020 Mr. Verma withdrew Rs.25000 from HDFC Bank.
charges.
54 16-8-2020 Mr. Verma raised an invoice for Rs.50000 on MediaLive
Productions for services provided.
56 20-8-2020 Mr. Verma paid Rs.2100 by cheque towards mobile phone
bill charges.
57 21-8-2020 MediaLive Productions settled the bill for a final amount of
Rs.48000 by paying Rs.20000 in cash and Rs.28000 by
cheque. (Refer transaction 54.)
59 28-8-2020 Mr. Verma received Rs.30000 by cheque from Alfatech
Solutions.
12
13
14
September 2020
61 2-9-2020 Mr. Verma paid Rs.3800 in cash for repairs and
maintenance of office premises.
62 5-9-2020 Mr. Verma paid salaries by cheque. As Shubham was on
leave for 15 days, he was paid half-month’s salary.
63 8-9-2020 Mr. Verma paid rent by cheque.
64 9-9-2020 Mr. Verma received an invoice for Rs.7600 from Raj Travels.
charges.
from Cam and Cut Productions.
69 23-9-2020 Mr. Verma paid Rs.10000 by cheque to Raj Travels.
bill charges.
15
16
October 2020
72 3-10-2020 Mr. Verma received Rs.50000 by cheque as consulting
revenue from Xceed International Couriers.
74 7-10-2020 Mr. Verma withdrew Rs.30000 cash from HDFC Bank.
charges.
77 12-10-2020 Mr. Verma purchased stationary items worth Rs.1600 in
cash.
from Samaritan Products.
bill charges.
81 23-10-2020 Mr. Verma introduced further capital into the firm by
bringing in cash of Rs.100000.
82 24-10-2020 Mr. Verma deposit cash amounting to Rs.75000 in HDFC
Bank.
84 28-10-2020 Mr. Verma entered into a contract with Planet Consultancy
for providing service at an agreed price of Rs.35000. An
advance of Rs.10000 was received by cheque.
17
18
19
November 2020
86 2-11-2020 Mr. Verma received an invoice for Rs.7200 from Raj Travels.
charges.
revenue form Trishul Software Solutions.
91 15-11-2020 Planet Consultancy terminated their contract and the
advance of Rs.10000 was refunded to them by cheque.
92 20-11-2020 HDFC Bank intimated Mr. Verma that the cheque of Trishul
Software solutions for Rs.27500 had bounced. Trishul
Software solutions was informed of this development and
they promised to pay the amount in a few days. (Refer
Transaction 89.)
charges.
94 23-11-2020 Mr. Verma received Rs.12500 in cash Trishul software
solutions.
bill charges.
20
21
December 2020
98 3-12-2020 The statement received from HDFC Bank, shows that the
bank has charged Rs.550 as cheque bouncing charges and
Rs330 as cheque book charges. Cheque bouncing charges
are to be recovered from Trishul Software solutions (Refer
transaction 92.)
101 8-12-2020 Mr. Verma received an invoice from Raj Travels for Rs.6200.
22
revenue form Unigrand Technologies.
103 10-12-2020 Mr. Verma withdrew Rs.30000 cash from HDFC Bank.
charges.
105 15-12-2020 Mr. Verma purchased office equipment worth Rs.12000 on
credit from Transfrom Tech. The assets does not have any
disposal value after its useful life of 6 years.
bill charges.
charges.
109 23-12-2020 Mr. Verma paid Rs.12000 by cheque to transform tech.
110 21-12-2020 Mr. Verma raised an invoice for Rs. 42500 on InGroove
Designers for consultancy services.
111 25-12-2020 Mr. Verma received Rs.15550 in cash from trishul software
solutions.
113 30-12-2020 Mr. Verma paid Rs.7500 by cheque towards professional
charges for internal audit of accounts.
23
24
25
January 2021
115 5-1-2021 Mr. Verma received Rs.30000 in cash from InGroove
Designers.
charges.
revenue from Ala Carte Investments.
119 15-1-2021 Mr. Verma withdrew Rs.50000 capital from the firm by
cheque.
120 18-1-2021 Mr. Verma paid Rs.2300 by cheque as mobile phone bill
charges.
26
27
February 2021
126 10-2-2021 Mr. Verma received an invoice from Raj Travels for Rs.9400.
127 11-2-2021 Mr. Verma paid Rs.20000 by cheque to Raj Travels.
charges.
bill charges.
130 18-2-2021 Mr. Verma paid Rs.1200 in cash towards electricity bill.
131 20-2-2021 Mr. Verma reimbursed conveyance bills of Rs.1150 in cash
to Geeta Shukla.
132 24-2-2021 Mr. Verma purchased stationary worth Rs.7400 on credit
from Global House.
28
29
March 2021
charges.
from Eye Television Network.
138 12-3-2021 Mr. Verma paid Rs.1450 in cash towards electricity bill.
30
bill charges.
140 18-3-2021 Mr. Verma reimbursed conveyance bills of Rs.950 in cash
Geeta Shukla.
141 20-3-2021 The invoice received from Global House on February 24,
2021 had an error in calculation and was over-valued by
Rs.600.
142 21-3-2021 Mr. Verma paid Rs.6800 by cheque to Global House.
31
Provision Entries
Transactions after 31-3-2021, pertaining to the year ending March
31, 2021, require provision entries. All provision entries are
depicted using Journal Voucher.
Note: Prevision Entries, Depreciation Entries and Adjustment
Entries are all recoded as on March 31, 2021.
32
Provision Entries
144 31-3-2021 Mr. Verma raised an invoice for Rs.20000 on ForeC
Marketing Solution for consultancy service.
145 31-3-2021 Provision for Rent.
146 31-3-2021 Provision for salary.
147 31-3-2021 Provision for office maintenance Rs.750.
148 31-3-2021 Provision for mobile phone fill charges Rs.1690.
149 31-3-2021 Provision for conveyance bills Rs.1300.
150 31-3-2021 Mr. Verma received an invoice from Raj travels for Rs.6600.
151 31-3-2021 Provision for electricity bill Rs.870.
Depreciation Entries
152 31-3-2021 Computer, Cell Phone, Furniture, Air Conditioner, Electrical
Fitting, Office Equipment.
S.N Assets Name Date of Value of Useful Annual Days Depreciation
Purchase Last Life on Depreciation Used value
Financial Years (a)/(b)=(c) in the (c)*(d)/365=(e)
year (a) (b) year
(d)
1 Computer 02-04-20 22500 4 5625 364 5610
2 Cell Phone 15-04-20 6000 5 1200 351 1154
3 Furniture 15-04-20 20000 8 2500 351 2404
4 Air 15-04-20 20000 6 3333 351 3205
Conditioner
5 Electrical 15-04-20 15000 10 1500 351 1442
Fittings
6 Office 15-12-20 12000 6 2000 107 586
Equipment
Total 14401
33
Adjustment Entries
153 31-3-2021 Adjustment Entries for Prepaid Expenses (Magazine
subscription and Insurance).
Nature Payment Period (a) Amount Prepaid Period Prepaid Amount
Date (b) (c) Amount for
(b)/(a) Current
*(c)=(d) Year
(b)-(d)
=(e)
Magazine 06-07-20 01-07-20 to 2400 01-04-21 to 30- 1500 900
Subscription 30-06-22 06-22
(24 months) (15 months)
Insurance 01-08-20 01-08-20 to 6000 01-04-21 to 31- 2000 4000
31-07-21 07-21
(12 months) (4 months)
Other Adjustment Entries

154 31-3-2021 Provisions for Income Tax (2020-2021) have to be made at
Rs.17500.
155 31-3-2021 Closing stock of stationary consumables was Rs.5000.
156 31-3-2021 Transfer balance of withdrawals account to Arpit Kumar
Verma Capital A/c.
Closing Entry
157 31-3-2021 Transfer of Profit and Loss Account to Arpit Kumar Verma
Capital A/c.
34
35
36
37
38
Export Closing Balance with All Masters.
Create New Company for New Financial year 2021-2022.

Import Master with Combine opening balance.
Record Transactions of Next Financial Year.
April 2021
1 1-4-2021 Transfer opening balance of stock of stationary account to
stationary expenses account.
2 1-4-2021 Mr. Verma received Rs.20000 in cash from ForeC Marketing
Solutions.
39
charges.
6 10-4-2021 Mr. Verma deposited Rs.150000 cash in HDFC Bank.
bill charges.
10 21-4-2021 Mr. Verma received cheque for Rs.12500 from Ingroove
Designers.
11 23-4-2021 Mr. Verma paid Rs.12500 in cash to Raj Travels.
40
41
42
Tally Prime
UPCISS
Case Study 2 Exercise
Trading Organization
With GST

Available on


Index
October 2020 ------------------------------------- 2
November 2020 ----------------------------------- 3
December 2020 ----------------------------------- 6
January 2021 --------------------------------------- 10
February 2021 ------------------------------------- 15
March 2021 ---------------------------------------- 20
1
October 2020
1 1-10-2020 Lalit Kumar Gupta started a business with cash Rs.1600000.
2 5-10-2020 Mr. Gupta deposit cash of Rs.1300000 in to HDFC Bank.
3 7-10-2020 Mr. Gupta issued a cheque for purchase following fixed
assets.
Assets Value Rate of Depreciation
Furniture 25000 10%
Electrical Fitting 12000 10%
Computer 25000 20%
Cell Phone 5000 20%
4 9-10-2020 Mr. Gupta issued a cheque of Rs.25000 to Mishra
Properties towards security for rented office (Rent
Rs.3000/month). Rent started from October 1.
5 10-10-2020 Mr. Gupta issued a cheque of Rs.30000 to Singh Properties
towards security for rented Godown (Rent
Rs.2000/month). Rent started from October 1.
6 15-10-2020 Mr. Gupta appointed following employees.
Name Designation Monthly Salary
Mamta Sharma Sales Executive Rs.5000
Rajesh Sangwan Sales man Rs.3000
Manoj Rathore Accountant Rs.3000
Mahendra Singh Clerk Rs.2500
7 20-10-2020 Mr. Gupta purchased stationary in cash Rs.1500.
8 28-10-2020 Mr. Gupta transferred cash Rs.10000 in to Petty Cash.
9 30-10-2020 Mr. Gupta withdrew cash Rs.4000 for personal use.
2
November 2020
10 1-11-2020 Petty cashier submitted the expenses statement for the
month of October.
Telephone Expenses of Rs.500, Electricity Expenses of Rs.1200
Conveyance Expenses of Rs.450, Office Expenses of Rs.850
11 5-11-2020 Mr. Gupta paid cash of Rs.6700 towards salary of October
month (15 days). The details of salary is given below.
Mamta Sharma Rs.2500, Rajesh Sangwan Rs.1500
Manoj Rathore Rs.1500, Mahendra Singh Rs.1200
Salary of employ will be maintain using cost center and cost category.
12 6-11-2020 Mr. Gupta issued a cheque of Rs.5000. This included
Rs.3000 towards office rent and Rs.2000 towards godown
rent of October month.
Rent of office, godown will be maintain using cost center and cost category.
13 15-11-2020 Mr. Gupta purchased following items from Khalsha trading
Company Lucknow (09AAPCD5724T1ZU) on credit.
Item Qty HSN Code Rate Amount GST Total
Rate Value
AC 10 84158310 24000 240000 28% 307200
Ceiling Fan 25 84145120 800 20000 28% 25600
Table Fan 20 84145110 1200 24000 28% 30720
Battery 10 85044010 9000 90000 28% 115200
Total 478720
All Stock items are placed in Nirmal Nagar Godown.
3
14 24-11-2020 Mr. Gupta purchased following items from Geeta
Enterprises Lucknow (09AABCD8524T1ZU) on credit.
Rate Value
UPS 20 85041010 4000 80000 18% 94400
Invertor 25 85044010 4000 100000 18% 118000
CCTV 20 85258090 2400 48000 18% 56640
LPG Stoves 20 73218910 1400 28000 18% 33040
Total 302080
4
5
December 2020
month of November.
17 5-12-2020 Mr. Gupta paid cash of Rs.13500 towards salary of
November month. The details of salary is given below.
Mamta Sharma Rs.5000, Rajesh Sangwan Rs.3000
Manoj Rathore Rs.3000, Mahendra Singh Rs.2500
rent of November month.
19 8-12-2020 Mr. Gupta sold following items to Shyam Trading Company,
Lakhimpur Kheri (09AVBCD8556T1ZU) on credit.
Item Qty Rate Amount GST Rate Total Value
AC 2 32000 64000 28% 81920
Ceiling Fan 5 1200 6000 28% 7680
Table Fan 10 1500 15000 28% 19200
Battery 2 10500 21000 28% 26880
Total 135680
21 16-12-2020 Mr. Gupta sold following items to Arvind Traders,
Lakhimpur Kheri (09AABCD8545T1ZU) on credit.
UPS 5 700 35000 18% 41300
Invertor 5 5500 27500 18% 32450
CCTV 5 3200 16000 18% 18880
LPG Stoves 5 1800 9000 18% 10620
Total 103250
22 18-12-2020 Mr. Gupta received a cheque of Rs.135600 from Shyam
Trading Company, in full settlement of bill dated December
8, 2020.
23 19-12-2020 Mr. Gupta received a cheque of Rs.103000 from Arvind
Traders, in full settlement of bill dated December 16, 2020.
24 20-12-2020 Mr. Gupta issued a cheque of Rs.302000 to Geeta
Enterprises, in full settlement of account.
26 21-12-2020 Mr. Gupta issued a cheque of Rs.478720 to Khalsha Trading
Company.
6
27 22-12-2020 Mr. Gupta purchased following items from ABC Electronics
Lucknow (09AHHCD6524T1ZU) on credit.
Rate Value
Atta Chakki 10 84378010 5500 55000 5% 57750
LED Lights 20 94054090 150 3000 12% 3360
LED Lumps 15 94055010 650 9750 12% 10920
LED TV 10 85287211 12000 120000 18% 141600
Microwave 10 85165000 6500 65000 28% 83200
Electric Kettle 15 85167100 1200 18000 28% 23040
Total 319870
28 23-12-2020 Mr. Gupta purchased following items from Shivam
Electronics New Delhi (07DAXPS0125H1ZL) on credit.
Rate Value
Solar Water 20 84191910 12500 250000 5% 262500
heater
Printers 5 84433210 6500 32500 18% 38350
Washing 20 84798950 7500 150000 28% 192000
Machine
Electric irons 30 85164000 600 18000 28% 23040
Refrigerators 20 84181010 12000 240000 28% 307200
Total 823090
29 24-12-2020 Mr. Gupta sold following items to Satish Electronics,
Haryana (Consumer) on credit.
Solar Water heater 5 17500 87500 5% 91875
Washing Machine 10 8800 88000 28% 112640
Electric irons 10 800 8000 28% 10240
Refrigerators 5 15000 75000 28% 96000
Total 310755
30 26-12-2020 Mr. Gupta received a cheque of Rs.310700 from Satish
Electronics, in full settlement of bill dated December 24,
2020.
31 28-12-2020 Mr. Gupta issued a cheque of Rs.319800 to ABC Electronics,
in full settlement of account.
32 30-12-2020 Mr. Gupta purchased stationary items in cash Rs.2500.
7
8
9
January 2021
month of December.
34 5-1-2021 Mr. Gupta paid cash of Rs.13500 towards salary of
December month.
rent of December month.
36 7-1-2021 Mr. Gupta sold following items to Shyam Trading Company
on credit.
Atta Chakki 5 6800 34000 5% 35700
LED Lights 10 225 2250 12% 2520
LED Lumps 10 850 8500 12% 9520
LED TV 5 16000 80000 18% 94400
Microwave 5 9500 47500 28% 60800
Electric Kettle 10 1700 17000 28% 21760
Total 224700
10
37 8-1-2021 Mr. Gupta sold following items to Digi World, Gola
(Unregistered Dealer) on credit.
Item Qty Rate Disc. Amount GST Rate Total Value
CCTV 15 3500 10% 47250 18% 55755
Invertor 15 6000 10% 81000 18% 95580
UPS 15 7500 10% 101250 18% 119475
AC 5 33000 10% 148500 28% 190080
Battery 8 11000 10% 79200 28% 101376
Ceiling Fan 20 1300 10% 23400 28% 29952
Total 592218
38 10-1-2021 Mr. Gupta sold following items to Satish Electronics,
Haryana (Consumer) on credit.
Washing Machine 10 8800 88000 28% 112640
Electric irons 15 800 12000 28% 15360
Refrigerators 10 15000 150000 28% 192000
Printers 5 9000 45000 18% 53100
Total 648725
39 10-1-2021 Mr. Gupta sold following items to Parkar Power, Lakhimpur
Kheri (09AABCD6585T1ZU) on credit.
LPG Stoves 15 1800 27000 18% 31860
Invertor 5 5500 27500 18% 32450
AC 3 32000 96000 28% 122880
Microwave 5 9500 47500 28% 60800
Total 247990
40 18-1-2021 Parkar Power returns (Sales return) following goods.
LPG Stoves 2 1800 3600 18% 4248
Invertor 1 5500 5500 18% 6490
Total 10738
41 20-1-2021 Mr. Gupta sold goods to Pooja Electronics, New Delhi
(07ASDPL7485D1ZU) on credit. (Packing Charges Rs.2000).
Atta Chakki 5 6800 34000 5% 35700
LED Lights 10 250 2500 12% 2800
LED Lumps 5 850 4250 12% 4760
LED TV 5 16000 80000 18% 94400
LPG Stove 2 1800 3600 18% 4248
Table Fan 10 1500 15000 28% 19200
Electric Kettle 5 1700 8500 28% 10880
Total 171988
11
42 22-1-2021 Mr. Gupta purchased following items from Khalsha Trading
Company.
Item Qty Rate Disc. Amount GST Total
Rate Value
Atta Chakki 20 5500 10% 99000 5% 103950
LED Lights 20 150 10% 2700 12% 3024
LED Lumps 25 650 10% 14625 12% 16380
LED TV 20 12000 10% 216000 18% 254880
LPG Stove 20 1400 10% 25200 18% 29736
Table Fan 20 1200 10% 21600 28% 27648
Electric 10 1200 10% 10800 28% 13824
Kettle
Battery 10 9000 10% 81000 28% 103680
Total 553122
43 24-1-2021 Mr. Gupta returns same goods to Khalsha Trading
Company.
LPG Stove 2 1400 10% 2520 18% 2974
Table Fan 2 1200 10% 2160 28% 2764
Electric Kettle 1 1200 10% 1080 28% 1382
Battery 1 9000 10% 8100 28% 10368
Total 17488
44 25-1-2021 Mr. Gupta sold following items to Parkar Power, and
payment received by cheque.
Atta Chakki 10 7000 70000 5% 73500
LED Lights 10 250 2500 12% 2800
LED Lumps 15 850 12750 12% 14280
LED TV 10 17000 170000 18% 200600
LPG Stove 10 1900 19000 18% 22420
Table Fan 10 1600 16000 28% 20480
Electric Kettle 5 1800 9000 28% 11520
Battery 5 11000 55000 28% 70400
Total 416000
45 26-1-2021 Mr. Gupta received a cheque of Rs.592218 from Digi World.
46 26-1-2021 Mr. Gupta received a cheque of Rs.653252 from Parkar
Power.
47 27-1-2021 Mr. Gupta received a cheque of Rs.174315 from Pooja
Electronics.
48 28-1-2021 Mr. Gupta received a cheque of Rs.648725 from Satish
Electronics.
12
Trading Company.
50 29-1-2021 Mr. Gupta issued a cheque of Rs.535635 to Khalsha Trading
Company.
51 29-1-2021 Mr. Gupta issued a cheque of Rs.823090 to Shivam
Electronics.
13
14
February 2021
month of January.
54 5-2-2021 Mr. Gupta paid cash of Rs.13500 towards salary of January
month.
rent of January month.
15
56 7-2-2021 Mr. Gupta paid Tax (CGST, SGST) of Rs.31000 by cheque,
including interest of Rs.890, penalty, of Rs.4500 and late fee
of Rs.1500.
57 7-2-2021 Mr. Gupta paid Tax (IGST) of Rs.42500 by cheque, including
interest of Rs.1145, penalty, of Rs.4500 and late fee of
Rs.1500.
at 5% discount of bill amount on credit.
Atta Chakki 10 7000 70000 5% 69825
LED Lights 10 300 3000 12% 3192
LED Lumps 10 900 9000 12% 9576
LED TV 10 17000 170000 18% 190570
LPG Stove 5 1900 9500 18% 10650
Table Fan 5 1600 8000 28% 9728
Total 293541
59 9-2-2021 Mr. Gupta sold following items to Sai Digital World, Gola
(consumer) on cash.
Electrical Irons 5 800 4000 28% 5120
Refrigerator 5 16000 80000 28% 102400
Total 107520
60 12-2-2021 Mr. Gupta purchase following goods from Pinkcity
Electronics Lakhimpur Kheri (Unregistered) on credit.
Item Qty Rate Amount
AC 10 24000 240000
Ceiling Fan 25 800 20000
Table Fan 20 1200 24000
Battery 10 9000 90000
Total 374000
61 13-2-2021 Mr. Gupta adjust the tax liabilities against purchase from
unregistered dealer, bill amount of Rs. 374000 from
Pinkcity Electronics.
62 14-2-2021 Mr. Gupta sold following items to Casco Electronics,
Lakhimpur Kheri on credit.
Battery 4 10500 42000 28% 53760
Electric Kettle 4 1700 6800 28% 8704
Invertor 1 5500 5500 18% 6490
LPG Stoves 3 1800 5400 18% 6372
Total 75326
16
63 15-2-2021 Mr. Gupta claim for Input Tax Credit against purchase goods
from unregistered dealer from Pinkcity Electronics.
64 16-2-2021 Mr. Gupta paid Tax (CGST, SGST) of Rs.61036 by cheque.
on credit.
AC 10 33000 10% 297000 28% 380160
Battery 10 11000 10% 99000 28% 126720
Ceiling Fan 15 1300 10% 17550 28% 22464
Table Fan 10 1600 10% 14400 28% 18432
Total 547776
66 21-2-2021 Mr. Gupta received a cheque Rs.48640 in advance from Star
Home Appliance Lakhimpur Kheri (Composition Dealer)
towards Purchase goods (Microwave) from next month
(March 2021),
(09AABCD5486T1ZU).
67 25-2-2021 Mr. Gupta purchased following items from Geeta
Enterprises Lucknow on credit.
Atta Chakki 20 5500 110000 5% 115500
LED Lights 25 150 3750 12% 4200
LED Lumps 25 650 16250 12% 18200
UPS 15 4000 60000 18% 70800
Invertor 15 4000 60000 18% 70800
CCTV 20 2400 4800 18% 56640
LPG Stoves 20 1400 28000 18% 33040
Cooler 15 1200 18000 18% 21240
Total 652920
17
18
19
March 2021
month of February.
71 5-3-2021 Mr. Gupta paid cash of Rs.13500 towards salary of February
month.
rent of February month.
73 7-3-2021 Mr. Gupta received a cheque of Rs.75326 from Casco
Electronics.
74 8-3-2021 Mr. Gupta issued a cheque of Rs.374000 to Pinkcity
Electronics.
75 9-3-2021 Shyam Trading Company return (Sales Return) following
goods.
AC 1 33000 10% 29700 28% 38016
Battery 2 11000 10% 19800 28% 25344
Ceiling Fan 2 1300 10% 2340 28% 2996
Total 66356
76 10-3-2021 Mr. Gupta returns some goods to Geeta Enterprises.
Atta Chakki 2 5500 11000 5% 11550
LED Lights 5 150 750 12% 840
LED Lumps 5 650 3250 12% 3640
LPG Stoves 2 1400 2800 18% 3304
Total 19334
77 10-3-2021 Mr. Gupta issued a cheque Rs.65000 in advance to Mannu
electronics (Composition Dealer) for purchase 10 printers
@6500/Nos. (09AXDPV7488L1ZU)
Trading Company.
79 16-3-2021 Mr. Gupta issued a cheque of Rs.633586 to Geeta
Enterprises.
20
80 23-3-2021 Mr. Gupta purchase following items to Lmp Electronics,
Lakhimpur Kheri (Composition Dealer) on credit.
AC 10 23000 230000
Washing Machine 10 7000 70000
Refrigerators 10 11000 110000
Electric Irons 20 500 10000
Microwave 20 6000 120000
Electric kettle 20 1100 22000
Total 562000
81 25-3-2021 Mr. Gupta sold following items to Star Home Appliance
Lakhimpur Kheri against advance receipt on 21-2-2021.
Microwave 4 9500 38000 28% 48640
82 26-3-2021 Mr. Gupta claim for input Tax Credit against Advance
receipt on dated 21-2-2021 from Star Home Appliance.
83 30-3-2021 Mr. Gupta purchased following items from Mannu
electronics (Composition Dealer) against advance Payment
on dated 10-3-2021.
Printers 10 6500 65000
84 30-3-2021 Mr. Gupta Paid Tax (GST) of Rs.79655 including interest of
Rs.965, penalty of Rs.3000 and late fee Rs.1500.
21
22
23
24
25
26
Tally Prime
UPCISS
Service Organization
With GST

Available on


December 2020
1 1-12-2020 Kapil Kumar Mishra started a business with cash Rs.400000.
2 5-12-2020 Mr. Kapil deposited cash Rs.200000 in to SBI Bank.
3 8-12-2020 Mr. Kapil hired a space for office on rent @ Rs.4000 per
month and issue a cheque of Rs.25000 for Security Deposit.
4 12-12-2020 Mr. Kapil purchased the following assets.
Computer of Rs.25000 (Useful life 4 years)
Printer of Rs.9000 (Useful life 4 years)
Furniture of Rs.20000 (Useful life 8 years)
AC of Rs.24000 (Useful life 5 years)
5 14-12-2020 Mr. Kapil purchased stationary for cash Rs.1500.
6 15-12-2020 Mr. Kapil appointed the following employees.
Jai Singh 7500, Kavita Choudhary 6000, Sunil Sharma 4500,
Ramnath 2500.
7 24-12-2020 Mr. Kapil issued a cheque of Rs.4000 towards security for
telephone.
8 27-12-2020 Mr. Kapil transferred cash Rs.30000 into Petty cash.
1
January 2021
9 1-1-2021 Petty cashier submitted the expenses statement.
Telephone Expenses of Rs.500, Electricity Expenses of
Rs.1200, Conveyance Expenses of Rs.450, Office Expenses
of Rs.850, Rent Expenses of Rs.4000.
10 16-1-2021 Mr. Kapil paid salary of Rs.10250 by cheque.
Ramnath 1250.
11 23-1-2021 Mr. Kapil raised an invoice for Agarwal Movers Lakhimpur
(09AWCPL2858H1ZL) of Rs.70800 (Include service of
Rs.60000 and GST of Rs.10800 for providing Event
Management Services.)
12 28-1-2021 Mr. Kapil raised an invoice for Mohan Trading Company
New Delhi (07AWCPL2858H1ZR) of Rs.47200 (Include
service of Rs.40000 and GST of Rs.7200 for providing Event
Management Services.)
13 29-1-2021 Mr. Kapil received cash of Rs.70500 from Agarwal Movers
full settlement against bill dated on 23-1-2021.
14 29-1-2021 Mr. Kapil deposited of Rs.80000 in SBI Bank.
15 30-1-2021 Mr. Kapil withdrew cash Rs.6000 for personal use.
2
3
February 2021
17 1-2-2021 Mr. Kapil raised an invoice on Om Telecom, New Delhi
(Unregistered) of Rs.76700 (Include service of Rs.65000 and
GST of Rs.11700 for providing Event Management Services.)
The interest is applicable at 12% per annum after the due date of invoice
18 10-2-2021 Mr. Kapil received a cheque of Rs.47000 from Mohan
Trading Company full settlement against bill dated on 28-1-
2021.
19 11-2-2021 Mr. Kapil paid CGST, SGST by cheque.
Ramnath 2500.
21 18-2-2021 Mr. Kapil paid IGST by cheque.
22 21-2-2021 SBI Bank Deducted Rs.145 towards cheque book charges.
23 27-2-2021 Mr. Kapil withdrew cash Rs.5000 for personal use.
4
March 2021
25 1-3-2021 Mr. Kapil received a cheque Rs.77400 from Om Telecom
with interest and full settlement of account.
26 1-3-2021 Mr. Kapil raised an invoice on Suresh Mishra, Lakhimpur
GST of Rs.8100 for providing Event Management Services.)
The interest is applicable at 18% per annum after the due date of invoice
Ramnath 2500.
5
28 18-3-2021 Mr. Kapil raised an invoice on Rahul Rai, Lakhimpur
GST of Rs.6480 for providing Construction Services.)
29 20-3-2021 Mr. Kapil received a cheque Rs.42480 from Rahul Rai.
30 28-3-2021 Mr. Kapil paid CGST, SGST by cheque.
31 31-3-2021 Mr. Kapil received a cheque Rs.53800 from Suresh Mishra
with interest and full settlement of account.
6
7
8
9
Tally Prime
UPCISS
Manufacturing
Organization
With GST
Available on


Mr. Dheeraj Kumar, Mr. Vikash Verma and Mr. Madan Lal Sharma started
a business in partnership under name & style “UPCISS COMPUTERS” The
board of director’s has to decide to maintain their accounts on Tally Prime
Software from 1st July, 2020. Trial Balance of the company on June 30,
2020 is as per given below.
Trial Balance (Closing Balance)

Particulars Group Amount
Assembling Table Fixed Assets 15000 Dr
Cash Cash-in-hand 553000 Dr
Computer Fixed Assets 25000 Dr
Electrical Equipment Fixed Assets 12000 Dr
Electrical Fittings Fixed Assets 15000 Dr
Furniture & Fixture Fixed Assets 25000 Dr
ICICI Bank Bank Account 1300000 Dr
Mr. Dheeraj Kumar Capital Account 700000 Cr
Mr. Vikash Verma Capital Account 500000 Cr
Mr. Madan Lal Sharma Capital Account 800000 Cr
Security Deposits Deposits Assets 45000 Dr
Voltage Meter Fixed Assets 10000 Dr
Create New Company in Tally Prime. Financial Year 1-Apr-2020

Books Beginning From 1-Jul-2020. Company GST No.
07ARCPS7755L1ZR (New Delhi).
1
July 2020
1 1-7-2020 Company deposited cash of Rs.80000 into ICICI Bank.
2 2-7-2020 Company purchased following items from Neha Computer,
New Delhi on credit. 07CKSPK5050M1ZU.
Items HSN Qty Rate Amount GST Total
Cabinet 84732900 100 650 65000 18% 76700
Mouse 84733010 100 175 17500 18% 20650
Keyboard 84733010 100 200 20000 18% 23600
RAM 84733030 100 750 75000 18% 88500
HDD 84733030 100 3500 350000 18% 413000
DVD-ROM 84733030 100 800 80000 18% 94400
Monitors 85283020 50 4000 200000 18% 236000
Total 807500 952850
Note: Company maintain all Stock items in different Location
(godown). Raw Materials Godown, Job Work Godown,
Finished Goods Godown.
3 7-7-2020 Company deposited cash of Rs.120000 into ICICI Bank.
4 10-7-2020 Company hired the following employee.
Name Designation Monthly Salary
Ganesh Rathore Hardware Engineer 4000
Bhawani Singh Salesman 3000
Imran Khan Accountant 3000
Kamlesh Raj Peon 2500
st
Salary will be Started from 1 July 2020.
5 18-7-2020 Company hired two building for office and godown. The Rent
of office and godown is Rs.3000 and 2000 per month.
Company issued a cheque of Rs.25000 towards security of
buildings.
Note: Create Voucher Class – Bank Payment and Cash Payment.
6 21-7-2020 Company purchased following items from Vintron System

Bangalore on credit (29BAOPK0366L1ZU).
Motherboard 84733020 50 3200 160000 18% 188800
(Intel)
Motherboard 84733020 50 2500 125000 18% 147500
(AMD)
Motherboard 84733020 50 2200 110000 18% 129800
(VIA)
2
Processor 84714110 50 3500 175000 18% 206500
(Intel)
Processor 84714110 50 3000 150000 18% 177000
(AMD)
Processor 84714110 50 2500 125000 18% 147500
(VIA)
Total 845000 997100
Godown – Raw Materials Godown.
7 25-7-2020 Company issue a cheque of Rs.500000 to Neha Computers.
8 28-7-2020 Company purchase following items from Surya Hardware,
New Delhi on credit. (07AKQPR0650M1ZR).
Screw 73181500 5 KG 600 3000 18% 3540
Packing 42029100 100 KG 50 5000 28% 6400
Materials
Godown – Job Work Godown.
9 31-7-2020 Company paid cash of Rs.9940 to Surya Hardware.
3
4
August 2020
10 1-8-2020 Company issued a cheque of Rs.5000 towards rent, office
Rs.3000, godown 2000.
Use Cost center and define % rate.
11 5-8-2020 Company paid cash of Rs.12500 towards salary.
Name Salary
Ganesh Rathore 4000
Bhawani Singh 3000
Imran Khan 3000
Kamlesh Raj 2500
12 7-8-2020 Company has to set the details of components for
assembling a computer as brand Computer-Intel (HSN-
85283030, GST-18%). Details for assembling a computer is
given below.
Cabinet - 1Nos, Motherboard (Intel) - 1Nos, Processor
(Intel) - 1Nos, RAM - 1Nos, HDD - 1Nos, DVD-ROM - 1Nos,
Keyboard - 1Nos, Mouse - 1Nos, Monitor – 1Nos.
13 8-8-2020 Company issue a cheque of Rs.452850 to Neha Computer.
14 10-8-2020 Company issue a cheque of Rs.500000 to Vintron System.
15 12-8-2020 Company transfer following materials from Raw Materials
Godown to Job Work Materials.
Cabinet – 20 Nos, Motherboard (Intel) – 20 Nos,
RAM – 20 Nos, Processor (Intel) – 20 Nos,
HDD – 20 Nos, DVD-ROM – 20 Nos,
Keyboard – 20 Nos, Mouse – 20 Nos, Monitor – 20 Nos.
16 14-8-2020 Company assembled 20 Computer (Computer-Intel) and
incurred the wages of Rs.20000 and overheads Rs.1000.
17 17-8-2020 Company paid Rs.10000 reimbursement to partners in cash.
Name of Person Reimbursement
Madan Lal Sharma 4000
Dheeraj Kumar 3500
Vikash Verma 2500
assembling a computer as brad Computer-AMD. (HSN Code:
85283030 GST-18%).
5
Cabinet - 1Nos, Motherboard (AMD) - 1Nos, Processor
(AMD) - 1Nos, RAM - 1Nos, HDD - 1Nos, DVD-ROM - 1Nos,
assembling a computer as brad Computer-VIA. (HSN Code:
85283030 GST-18%).
Cabinet - 1Nos, Motherboard (VIA) - 1Nos, Processor (VIA)
- 1Nos, RAM - 1Nos, HDD - 1Nos, DVD-ROM - 1Nos,
20 19-8-2020 Company transfer following materials from Raw Materials
Godown to Job Work Materials.
Cabinet – 30 Nos, Motherboard (AMD) – 15 Nos,
Motherboard (VIA) – 15 Nos, Processor (AMD) – 15 Nos
RAM – 30 Nos, Processor (VIA) – 15 Nos,
HDD – 30 Nos, DVD-ROM – 30 Nos,
Keyboard – 30 Nos, Mouse – 30 Nos, Monitor – 30 Nos.
21 20-8-2020 Company assembled 15 computers Computer-AMD and
incurred the wages of Rs.15000 and overheads of Rs.1000.
22 22-8-2020 Company assembled 15 computers Computer-VIA and
incurred the wages of Rs.15000 and overheads of Rs.1000.
23 25-8-2020 Company sold following computers to Shree Shyam
Computers, New Delhi on credit. (07ACCPL5252M1ZU)
Items Qty Rate Amount GST Total
Computer-Intel 10 22500 225000 18% 265500
Computer-AMD 10 19500 195000 18% 230100
Computer-VIA 10 19000 190000 18% 224200
Total 610000 719800
24 27-8-2020 Company sold following computers to Joy Computers, New
Delhi on cash. (Consumer)
Items Qty Rate Amount GST Total
Computer-Intel 5 23000 115000 18% 135700
Computer-AMD 5 20000 100000 18% 118000
Computer-VIA 5 19000 95000 18% 112100
Total 310000 365800
25 29-8-2020 Company received a cheque of Rs.719800 from Shree Shyam
Computers in full settlement.
26 31-8-2020 Company deposited cash of Rs.500000 in to ICICI Bank.
6
7
September 2020
27 1-9-2020 Company Paid Tax (GST) of Rs.18310.
28 3-9-2020 Company issued a cheque of Rs.5000 towards rent.
29 5-9-2020 Company paid cash of Rs.12500 towards salary.
30 6-9-2020 Company paid Rs.10000 reimbursement to partners in cash.
31 12-9-2020 Company received a job work statement of Rs.52500 form
Sharma Job Worker, New Delhi (07CVPPV7755M1ZR).
Job Work (Wages) = Rs.50000
GST@5% = Rs.2500
32 14-9-2020 Company issue a cheque of Rs.52500 to Sharma job worker.
33 20-9-2020 Company adjusts the physical stock verification for following
stock item. Screw 4.5Kg, Packing Materials 90Kg.
34 25-9-2020 Company issue a cheque of Rs.497100 to Vintron System.
8
9
10
11
12

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Tally Prime

Free Video Tutorials

Free Online Computer Classes on

Published by Jitendra Verma for UPCI Computer Education

Basic Accounting Concept ............................................................ 2

Overview of Tally Prime

Accounting (Case Study-1)

Inventory Management with GST (Case Study-2)

Service Organization with GST (Case Study-3)

Manufacturing Organization with GST (Case Study-4)

Free Video Tutorials

Free Online Computer Classes on

Published by Jitendra Verma for UPCI Computer Education

Tally Prime Interface

Business organizations vyx&vyx izdkj ds ysu&nsu djrs gSa] vkSj vke

1. Capital Account – ,d business dks start djus ds fy, mlesa tks

Pre-define Voucher in Tally

1. Contra Voucher – tc ge cash dks bank-account esa ;k bank-

Profit & loss account

Difference between Direct and Indirect Taxes

 CGST (Central Goods and Services Tax)

Free Video Tutorials

Free Online Computer Classes on

Published by Jitendra Verma for UPCI Computer Education

Other Adjustment Entries

Create New Company for New Financial year 2021-2022.

Record Transactions of Next Financial Year.

Free Video Tutorials

Free Online Computer Classes on

Published by Jitendra Verma for UPCI Computer Education

Free Video Tutorials

Free Online Computer Classes on

Published by Jitendra Verma for UPCI Computer Education

Free Online Computer Classes on

Published by Jitendra Verma for UPCI Computer Education

Trial Balance (Closing Balance)

Create New Company in Tally Prime. Financial Year 1-Apr-2020

6 21-7-2020 Company purchased following items from Vintron System

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